A Blog dedicated to tracking the decline of the greatest asset bubble in US history.

Wednesday, November 28, 2012

New Home Sales: October 2012

Today, the U.S. Census Department released its monthly New Residential Home Sales Report for October showing a slight monthly decline with sales falling 0.3% since September but rising 17.2% above the level seen in October 2011 though remaining at an historically low level of 368K SAAR units.